What is the ROCE (Return on Capital Employed) of Rank Group this year?
The ROCE of Rank Group is 0.04 undefined this year.
Rank Group ROCE 2024
Rank Group ROCE
0.04
Ticker
RNK.L
ISIN
GB00B1L5QH97
WKN
A0LGPG
In 2024, Rank Group's return on capital employed (ROCE) was 0.04, a -84.19% increase from the 0.27 ROCE in the previous year.
Rank Group Aktienanalyse
What does Rank Group do?
Rank Group PLC is a British company specializing in gambling and leisure activities. Founded in 1937, the company started as a film distributor and opened the first Grosvenor Casino in the UK in 1970. Since then, it has become a major player in the gambling industry and now operates a range of casinos and bingo clubs in Europe. The business model of Rank Group is based on providing entertainment experiences for its customers. The main source of revenue is the casinos and bingo halls operated by the company. The divisions of Rank Group are divided into two segments: Grosvenor Casinos and Mecca Bingo. Grosvenor is the largest division and includes the Grosvenor Casino brand as well as the Enracha brand in Spain. Mecca Bingo includes the British Mecca Bingo network. Grosvenor Casinos offer a variety of games, from traditional slot machines to live casino games operated by real dealers in real time. The casinos also offer a wide range of entertainment options, including bars and restaurants, as well as events such as concerts and comedy acts. Mecca Bingo clubs offer bingo games as well as a variety of slots and electronic table games. The company also has an online platform for bingo and casino games. Mecca Bingo primarily caters to women aged 35 to 54, while Grosvenor Casinos appeal to a broader audience. Rank Group has also acquired other companies in the past to expand its business, such as the Swiss arcade chain Casinos Schaanwald or the Belgian Kursaal Casino. Additionally, the company has partnered with online gambling company 888 Holdings plc to develop a joint platform for online casinos and bingo. Rank Group also emphasizes responsible gambling in its business strategy. Compliance with rules and regulations is central to the company, and it is committed to responsible gaming and the protection of vulnerable players. Overall, Rank Group is a significant player in the gambling industry in Europe. With a wide range of casinos and bingo clubs as well as an online platform, the company offers its customers a variety of entertainment options. The company also emphasizes its commitment to conducting gambling in a responsible manner and pursues a sustainable business strategy of continued growth and diversification. Rank Group ist eines der beliebtesten Unternehmen auf Eulerpool.com.ROCE Details
Unraveling Rank Group's Return on Capital Employed (ROCE)
Rank Group's Return on Capital Employed (ROCE) is a financial metric that measures the company's profitability and efficiency with respect to the capital employed. It is calculated by dividing earnings before interest and tax (EBIT) by the employed capital. A higher ROCE indicates that the company is effectively utilizing its capital to generate profits.
Year-to-Year Comparison
Analyzing Rank Group's ROCE annually provides valuable insights into its efficiency in using its capital to generate profits. An increasing ROCE indicates improved profitability and operational efficiency, whereas a decrease might signal potential issues in capital utilization or business operations.
Impact on Investments
Rank Group's ROCE is a critical factor for investors and analysts for evaluating the company’s efficiency and profitability. A higher ROCE can make the company an attractive investment, as it often signifies that the firm is generating adequate profits from its employed capital.
Interpreting ROCE Fluctuations
Changes in Rank Group’s ROCE are attributed to variations in EBIT or the capital employed. These fluctuations offer insights into the company’s operational efficiency, financial performance, and strategic financial management, assisting investors in making informed investment decisions.
Frequently Asked Questions about Rank Group Stock
How has the ROCE (Return on Capital Employed) of Rank Group developed compared to the previous year?
The ROCE of Rank Group has increased by -84.19% decreased compared to the previous year.
What does a high ROCE (Return on Capital Employed) mean for investors of Rank Group?
A high Return on Capital Employed (ROCE) indicates that Rank Group has efficient capital utilization and is able to achieve a higher return on its invested capital. This can be appealing to investors.
What does a low ROCE (Return on Capital Employed) mean for investors of Rank Group?
A low ROCE (Return on Capital Employed) can indicate that Rank Group has an inefficient utilization of its capital and may have difficulty in achieving a satisfactory return on its invested capital. This can be uncertain or unattractive for investors.
How does an increase in ROCE from Rank Group impact the company?
An increase in the ROCE of Rank Group can be an indicator of improved company efficiency and show that it is achieving higher profits in relation to its investments.
How does a reduction in the ROCE of Rank Group affect the company?
A decrease in ROCE of Rank Group can be an indicator of deteriorated efficiency of the company, indicating that it is generating lower profits in relation to its investments.
What are some factors that can influence the ROCE of Rank Group?
Some factors that can affect Rank Group's ROCE include efficiency in managing assets, profitability of investments, cost efficiency, and market conditions.
Why is the ROCE of Rank Group so important for investors?
The ROCE of Rank Group is important for investors as it is an indicator of the company's efficiency and shows how successful the company is in relation to its investments. A high ROCE can indicate strong financial performance of the company.
What strategic measures can Rank Group take to improve the ROCE?
To improve the ROCE, Rank Group can take measures such as increasing efficiency in asset management, optimizing investments, cost savings, and exploring new revenue sources. It is important for the company to conduct a thorough review of its operations to determine the best strategic actions to improve the ROCE.
How much dividend does Rank Group pay?
Over the past 12 months, Rank Group paid a dividend of 0.03 GBP . This corresponds to a dividend yield of about 3.78 %. For the coming 12 months, Rank Group is expected to pay a dividend of 0 GBP.
What is the dividend yield of Rank Group?
The current dividend yield of Rank Group is 3.78 %.
When does Rank Group pay dividends?
Rank Group pays a quarterly dividend. This is distributed in the months of October, March, October, March.
How secure is the dividend of Rank Group?
Rank Group paid dividends every year for the past 4 years.
What is the dividend of Rank Group?
For the upcoming 12 months, dividends amounting to 0 GBP are expected. This corresponds to a dividend yield of 0 %.
In which sector is Rank Group located?
Rank Group is assigned to the 'Cyclical consumption' sector.
Wann musste ich die Aktien von Rank Group kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Rank Group from 3/13/2020 amounting to 0.028 GBP, you needed to have the stock in your portfolio before the ex-date on 2/13/2020.
When did Rank Group pay the last dividend?
The last dividend was paid out on 3/13/2020.
What was the dividend of Rank Group in the year 2023?
In the year 2023, Rank Group distributed 0 GBP as dividends.
In which currency does Rank Group pay out the dividend?
The dividends of Rank Group are distributed in GBP.
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Andere Kennzahlen von Rank Group
Our stock analysis for Rank Group Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Rank Group Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
